Bitdeer Technologies Group (BTDR) to Release Earnings on Monday

Bitdeer Technologies Group (NASDAQ:BTDR) is set to post its quarterly earnings results before the market opens on Monday, November 18th. Analysts expect Bitdeer Technologies Group to post earnings of ($0.19) per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Bitdeer Technologies Group Trading Up 3.3 %

BTDR stock opened at $11.09 on Friday. The business’s fifty day moving average price is $7.92 and its 200 day moving average price is $7.96. Bitdeer Technologies Group has a 12-month low of $3.78 and a 12-month high of $14.27. The company has a market capitalization of $1.24 billion, a PE ratio of -58.37 and a beta of 1.92.

Analysts Set New Price Targets

Several analysts have recently issued reports on BTDR shares. Alliance Global Partners began coverage on shares of Bitdeer Technologies Group in a research report on Tuesday, October 8th. They set a “buy” rating and a $14.00 price target on the stock. B. Riley reduced their price objective on Bitdeer Technologies Group from $14.00 to $12.00 and set a “buy” rating on the stock in a research note on Friday, October 11th. Cantor Fitzgerald reissued an “overweight” rating and set a $13.00 target price on shares of Bitdeer Technologies Group in a research note on Thursday, October 3rd. Northland Capmk raised Bitdeer Technologies Group to a “strong-buy” rating in a research report on Wednesday, October 9th. Finally, Benchmark reissued a “buy” rating and set a $16.00 price objective on shares of Bitdeer Technologies Group in a research report on Tuesday, August 13th. Ten research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $13.70.

About Bitdeer Technologies Group

Bitdeer Technologies Group operates as a technology company for blockchain and computing. It offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and a one-stop mining machine hosting solutions encompassing deployment, maintenance, and management services for efficient cryptocurrency mining; as well as mines cryptocurrencies for its own account.